IMF APPROVES ANOTHER COVID-19 FUNDS TO MALAWI

*News Update*

The Executive Board of the International Monetary Fund (IMF) yesterday approved an additional $101.96 million (about K76.47 billion) disbursement under the Rapid Credit Facility (RCF) for Malawi to address the Covid-19 pandemic.
This is the second disbursement under the RCF which brings the total IMF Covid-19 emergency support to Malawi to $193 million (about K144.75 billion).

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